In a move that puzzles many, Samsung has made a $50 million investment in a smaller rival Pantech, which also happen to be the third largest smartphone maker in Korea (after Samsung and LG). Pantech is known to make some fancy devices (Vega series) though most of them are not available outside of Korean peninsula. . . . → Read More: Samsung acquires 10% of Pantech
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Samsung today announced that it is acquiring a 10% stake in Pantech Corporation for 53 billion won (about $48 million). While the smaller manufacturer may not be as well known here in North America, it is South Korea’s third-largest handset company. The deal is expected to help “further solidify bilateral cooperation in smartphone and other business areas.” Samsung will become Pantech’s third largest shareholder after Qualcomm and the state-run Korea Development Bank which respectively own 11.96 percent and 11.81 percent stakes in the company. . . . → Read More: Samsung Acquires 10 Percent Stake in Pantech The first- and third-largest South Korean handset manufacturers make deal to strengthen partnership Samsung announced today that it is acquiring a 10-percent stake in rival handset maker Pantech, one that will set the worlds largest handset manufacturer back a mere $47.6 million. While known more for making lower-end and spec devices for carriers here in the states, Pantech . . . → Read More: Samsung pens deal to buy 10-percent of Pantech for $47.6 million Hang around these pages long enough and you’re bound to come across Pantech , the South Korean purveyor of everything from giant 1080p handsets down to… giant 720p handsets . . . . → Read More: Samsung buys 10 percent stake in rival phone maker Pantech Pantech Perception has been finally announced by Verizon Wireless, even though we’ve first seen it back in January . As you may know from that post, we’re talking about a solid mid-to-high end device with a big, 4.8-inch 720p HD screen a la Samsung Galaxy S III. In addition, it also comes with Qualcomm’s dual-core processor, 8-megapixel rear camera, 2-megapixel front-facing one, LTE connectivity support and 16GB of internal storage. . . . → Read More: Verizon’s Pantech Perception available tomorrow for $99.99 We’ve already told you that Pantech is working on a smartphone with bezel-less display and voila, the 5-inch Vega Iron is now officially official, at least in Korea and yet again, we’ve no idea whether the company will manage to bring this baby to the Western hemisphere. We do know that “bezel-less” in this case stands for 2.4mm, meaning you won’t be accidentally tapping the screen’s edges, but that’s still not the same as a 0mm bezel. In comparison, 2.4mm is roughly half the bezel width on an iPhone 5 . . . → Read More: Pantech Vega Iron unveiled in Korea with 5-inch full HD, bezel-less screen Bigger screens mean bigger devices. And while handset makers are giving their best to make the bezel around the screen as petit as possible to make smartphones more compact, we’re still waiting for a device with real edge-to-edge screen . . . → Read More: Pantech IM-A870 with bezel-less 5-inch screen in works The Pantech Discover isn’t a flagship device that may turn a lot of heads, but we determined that it was actually one of the best — if not the best — budget-friendly phone we’ve reviewed. Available for $50 on AT&T, it sports a 720p display, 13MP camera and a few other tempting specs. Pantech was kind enough to offer one to our readers, so head below to our widget to enter! Entries will be accepted until 11:59PM ET tomorrow . . . → Read More: Engadget Giveaway: win a Pantech Discover!  It’s been such a mighty, mighty long time since the Vega No. 5 came out to tug on the Dell Streak 5 ‘s coattails, but Pantech has just announced the next installment in its phablet series: the 5.9-inch Vega No. 6 . . . → Read More: The biggest 1080p phone so far: Pantech’s 5.9-inch Vega No. 6  Watch out, folks: Pantech is moving up the AT&T food chain. . . . → Read More: Pantech Discover review: a budget phone has never looked so premium |
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